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<h1>Companies Act, 1956: Section 219 requires balance sheet distribution 21 days before meetings; fines for non-compliance.</h1> Section 219 of the Companies Act, 1956 mandates that a company must send a copy of its balance sheet, including the profit and loss account and auditors' report, to every member and trustee of debenture holders at least 21 days before a general meeting. Exceptions exist for companies without share capital, members not entitled to meeting notices, and joint holders. Members can request these documents free of charge. Non-compliance results in fines up to five thousand rupees for the company and defaulting officers. These provisions do not apply to private company balance sheets presented before the Act's commencement.